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Bloomberg View Launches With Warning To Democrats: Don’t Underestimate The Republicans In 2012

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Bloomberg View, the just-launched opinion page of Bloomberg News, debuts with a column by Ramesh Ponnuru, arguing that it’s a mistake to underestimate the Republican field for 2012: “The 2012 presidential race has barely begun, but it is already time to retire one of its cliches: the much-repeated claim that ‘the Republican field is weak.’ Liberals say it with a smirk, because they think it will guarantee President Barack Obama’s re-election. Conservatives say it while begging someone else to enter the race and rescue them.”

Ponnuru, a senior editor at National Review, argues that the top three contenders all have the stature and the experience to win:

LAPD’s Dramatic Arrest Of Bloomberg News Crew Mistaken For Armed Robbers

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Los Angeles police surrounded a dark-colored Yukon on Thursday after reports of an armed robbery in Hollywood, finally stopping the vehicle and confronting its inhabitants. Unfortunately, instead of finding armed robbers, they found a terrified Bloomberg News crew that happened to be in the area at the time.

Thank The FOIA: Supreme Court Says Fed Must Disclose Details About Emergency Lending

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The Supreme Court today decided to uphold a previous ruling by the federal court of appeals ordering the Federal Reserve to reveal details about emergency lending by the central bank during the recent financial crisis. The Court’s ruling effectively rejects an appeal filed by the Clearing House Association, which had hoped to prevent such information from being disclosed to the public.

Remember That TARP Bailout That Was Going To Bankrupt Us? It Earned An 8.2% Return

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Good news, everyone! Yalman Onaran and Alexis Leondis of Bloomberg News are reporting that the government’s 2008 bailout through the Troubled Asset Relief Program—you know, the bailout that Glenn Beck was for, before he was against it—has apparently been successful. Specifically: it’s “provided taxpayers with higher returns than they could have made buying 30-year Treasury bonds — enough money to fund the Securities and Exchange Commission for the next two decades.”

A Retrospective: 28 Media Leaders Who Died This Decade

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As the face of media evolves, it’s important to honor the figures who helped define, shape and set the standards in their industries. These are some of the most prominent members of the media who passed away over the past 10 years. Take a look back with some snippets from their respective New York Times obituaries.

Old Media Excess: Is Bloomberg The New Condé Nast?

This weekend’s New York Times feature about Bloomberg L.P., the “28-year-old media and technology company” started by New York mayor Michael Bloomberg in 1981, reads like anachronistic peek into the bygone days of media, packed with equal parts success and hubris, looking both to history and to the future. But with “free kiwis and pomegranates,” haven’t we been here before?

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